Envato founders exit in $373 million Shutterstock deal

- May 3, 2024 2 MIN READ

Envato, the creative marketplace that grew to generate more than US$1 billion in revenue for its users annually, is being acquired by US listed imagery company Shutterstock in a deal worth US$245 million (A$373m). It marks the end of an 18-year journey for cofounders Collis and Cyan Ta’eed, and their friend Jun Rung, having launched… Read more »

Hichame Assi
Other tech

Envato makes the cut for a 4th time as the only Australian tech company in US VC a16z’s annual Marketplace 100 rankings

- March 24, 2023 < 1 MIN READ

Melbourne scale-up Envato is flying the flag for Australian tech once again in the annual list of the world’s best marketplaces released by a16z, the fund of legendary Californian venture capital firm Andreessen Horowitz.  It’s the 4th edition of a16z Marketplace 100, and Envato, which remains privately owned, after it was founded in a Bondi… Read more »

Women in tech

Envato is on the hunt for female engineers, doubling its entry level ‘apprentice’ program

- August 29, 2022 2 MIN READ

There’s been plenty of discussion around tech jobs and the role of women in the sector ahead of this week’s federal government Jobs and Skills Summit summit. Melbourne tech company Envato is looking to address both issues by doubling the size of its Developer Apprentice Program, which provides an entry-level pathway for aspiring female engineers.… Read more »

Hichame Assi

Envato sheds 100 jobs

- June 7, 2022 2 MIN READ

Creative marketplace Envato is one of the first globally-focused Australian tech companies to shed jobs amid a US tech downturn, with 100 jobs to go. While Tesla boss Elon Musk flagged cutting 10% of the EV maker’s 100,000-strong workforce, and the US tech sector shedding 16,000 jobs in May, cutting staffing continues in June, with… Read more »


Envato pledges $25,000 to Smiling Mind campaign

- January 4, 2022 < 1 MIN READ

The Envato Foundation has pledged to match donations up to a total of $25,000 as part of Smiling Mind’s annual giving campaign.  Smiling Mind is a non-for-profit app-based meditation program developed by psychologists and educators to help make mindfulness and mental health support more accessible for Australians of all ages.  The Envato Foundation had previously… Read more »

Hichame Assi

Envato is building out its New Zealand presence

- September 4, 2021 2 MIN READ

Melbourne tech company Envato’s global ambitions are continuing under new CEO Hichame Assi with a New Zealand base being established. The online marketplace business now has 17 staff working remotely across Aotearoa, amid plans to up Envato’s global headcount to more than 100 staff over the next 12 months. Hichame Assi said the company expects… Read more »

Story Factory reading to children

The Envato Foundation adds $500,000 more in support to charities for children’s education

- May 28, 2021 2 MIN READ

The Envato Foundation has ramped up its charity work adding two new organisations to its ongoing support program. The Foundation is the charitable arm of creative marketplace Envato, which donates 1% of the company’s annual pre-tax profits to fund its work.  Its new partners have a children’s education focus: online tutoring and education services support… Read more »

Other tech

Envato’s creative community just hit US$1 billion in earnings ahead of expectations

- November 13, 2020 2 MIN READ

Creative marketplace Envato has hit a new benchmark, with its 81,000 content creators earning more than US$1 billion. Company chair and co-founder Collis Ta’eed, who last month stepped down as CEO last month, 14 years after launching the company, said they reached the milestone a year ahead of expectations. “The $1 billion goal has always… Read more »

Hichame Assi

Former boss Hichame Assi is replacing Collis Ta’eed as Envato CEO

- October 20, 2020 < 1 MIN READ

  Digital travel industry veteran Hichame Assi has been chosen to replace Envato founder Collis Ta’eed as CEO of the Melbourne-based tech marketplace.  The choice of the former boss, who has a Masters in eCommerce from the University of London, follows a year-long global search. Ta’eed announced in August that he would step down… Read more »